AUDITS, REVIEWS & COMPILATIONS

Our accounting and auditing services provide clients with applicable and valuable financial information to help them run their organizations better. Assessing which of these services will best meet your needs based on their intended use is crucial to your organization's growth and success.

FORM 990 PREPARATION

Filing a Form 990 as a tax-exempt organization can be daunting, as it affects both fundraising and public relations capabilities. Hantzmon Wiebel offers expertise in preparing this critical document, ensuring precise disclosures that support your organization's financial health and public image.

APPLICATION FOR TAX-EXEMPT STATUS

Filing the IRS 501(c)(3) application is a vital step for nonprofit organizations to acquire tax-deductible donations and eligibility for specific grants relating to charitable, educational, and scientific projects. At Hantzmon Wiebel, our team offers the expertise to guide your organization through this process, helping you help others.

EMPLOYEE BENEFIT PLAN AUDITS

Federal regulations require employee benefit plans with more than 100 participants to complete qualified audits. Hantzmon Wiebel conducts both full-scope and limited-scope audits, tailoring services to meet the specific needs of each plan. Our team provides the guidance necessary to ensure you select the right plan to align with your objectives.

INTERNAL CONTROLS REVIEW

An internal control review provides a comprehensive evaluation of your organization’s control systems across all sectors. Hantzmon Wiebel ensures that organizations have the necessary safeguards in place to protect their operations and financial integrity, assessing whether the controls are operating effectively and whether your organization can adequately manage daily operations.

PLANNED GIVING

Thoughtful planning creates opportunities to meet donor intentions while optimizing tax outcomes. Hantzmon Wiebel provides guidance on structuring these giving strategies to benefit both the donor and the organization. This enhances philanthropic efforts and helps secure long-lasting connections through your organization’s outreach.

EXECUTIVE COMPENSATION ISSUES

Establishing a suitable executive compensation plan that adheres to nonprofit standards helps your organization maintain compliance while ensuring financial sustainability. Our team assists in evaluating compensation structures, ensuring they meet nonprofit benchmarks while attracting and retaining top leadership talent.

ENDOWMENT FUND GUIDANCE

Whether your organization already has an endowment or is looking to establish one, our team at Hantzmon Wiebel guides you through the process to ensure proper oversight and sustainability. By balancing growth and expenditure, your fund can support the long-term goals of your organization effectively.

UNRELATED BUSINESS INCOME

Types of income may be subject to unrelated business income tax under specific tax code criteria, which can affect nonprofit organizations. Our team identifies these requirements to ensure compliance and minimize tax exposure, thereby safeguarding your organization's financial health and mission.

BOARD GOVERNANCE REVIEW

Our team offers board governance reviews to evaluate current practices and provide insights on improving structure and processes. Implementing best practices in board operations can significantly optimize operations and help drive the organization’s mission forward through appropriate combination and size of skill sets.